DRacing Project Liquidity Launch

January 13 update – despite raising 109 $BNB with a 50 $BNB softcap, the team was unhappy with the presale and cancelled it. They say they will launch it in the future; no new date and time has been announced yet.

Token sale on BSC for a P2E racing game; part of the DexWallet ecosystem.

DETAILS

Launch details
- Token will launch on Pancakeswap
- Token pair: DWR/WBNB
- Presale will be held on Pinksale and will last for 2 days
- Soft cap: 50 BNB
- Presale and listing prices will be determined at the end of the presale
- Initial marketcap will be determined at the end of the presale
- 60% of the presale funds will be added to liquidity
  - ❌ No information on how the remaining presale funds are allocated
- No vesting – 100% of presale tokens unlocked at launch
Tokenomics
- DWR is the utility token
- Total supply: 1,000,000,000 DWR
  - 30% – Presale
  - 20% – Game reserve (100% unlocks on 2023/02/27 – lock info)
  - 17.1% – Liquidity (will be locked on Pinksale 365 days after pool ends)
  - 15% – Marketing reserve (100% unlocks on 2023/03/04 – lock info)
  - 10% – CEX reserve (100% unlocks on 2023/02/15 – lock info)
  - 7.9% – Development reserve (100% unlocks on 2023/03/14 – lock info)
No buy tax
5% sell tax
- All to development, marketing, buyback & burn